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Oil was lower in the morning Asian session amid demand concerns. The EIA, in its short-term outlook, has predicted lower oil prices with the increase in global inventories.
Oil futures extended gains to recover “Liberation Day” levels as the U.S. and China ... The international oil benchmark rises 1.9% to $68.16 a barrel, while the U.S. oil gauge gains 2.3% to ...
As a transparent alternative to the controversial oil price cap, Campaigners called on the UK to consider a surcharge for vessels owned or insured in Western countries that haul Russian fossil fuels.
The problem is, oil at $62 a barrel does not make me interested. If you think oil’s going to go up, you do have a winner, though. Highpeak is levered to the price of oil more than almost all of ...
Crude oil was trading around $63 on Tuesday, compared to $61 a week ago and $74 a year ago. In 2024, West Texas Intermediate ranged between $66 and $87 per barrel. In 2023, WTI ranged between $63 ...
If this drags OPEC+ oil producers and their competitors toward a full-blown glut, as is likely, another tussle for market share at low prices beckons. Newsletters Games Share a News Tip Featured ...
“My sense is that with more supplies becoming available, prices will be close to $65, not $80 per barrel," said Puri. He further added that high spare production capacity is weighing on the oil ...
Oil Minister Hardeep Singh Puri said on Friday that there is enough crude oil supply coming into the market and that prices will play around $65 per barrel. “There are enough supplies in the market.
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SYDNEY: Asian shares and Wall Street futures jumped in Asia on Thursday (May 29) after a United States federal court blocked President Donald Trump's "Liberation Day" tariffs from going into ...
Price of Brent crude oil exceeds $66 per barrel on London’s ICE first since May 21 The price of futures contracts of WTI crude oil for July 2025 delivery was up by 0.46% at $62.95 per barrel ...
Options traders are making bullish bets that oil could soon hit $100 a barrel on fears tensions between Israel and Iran could spark a wider Middle Eastern conflict that threatens crude flows.